Asia Pacific Soda Ash Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Asia Pacific Soda Ash Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The Asia Pacific soda ash market is currently witnessing steady growth. Soda ash, or sodium carbonate, is a white crystalline solid that is a member of the Chlor-alkali chemical family. It is an anhydrous powdered or granular substance that is refined from the mineral trona. It can also be found in naturally occurring sodium carbonate-bearing brines. Soda ash competes with caustic soda as an alkaline source in various processes. Commercially used soda ash is highly purified and sold in various grades, which differ in bulk density.

Asia Pacific is one of the largest soda ash markets in the world. The market is primarily driven by the vast array of soda ash applications. In the glass industry, soda acts as a fluxing agent, breaking the Si-O bonds of silica, thus reducing the viscosity of the melt and lowering the temperature required to form the glass. It is also incorporated in the production of powdered soaps, detergents, and various specialty cleaning products for household, industrial, and commercial applications. Besides this, soda ash is used as a substitute for sodium hydroxide for lyeing in cooking. The region meets its soda ash demand by importing the majority of the product as the regional capacity is small relative to its consumption. Furthermore, the stringent regulations by several governments regarding the use of soda ash for wastewater treatment and other environmental applications to improve the alkalinity of lakes and the pH value of the water are also propelling the growth of the market. Looking forward, the market is expected to continue its steady growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific soda ash market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region and application.

Breakup by Application:

Glass
Soaps and Detergents
Chemicals
Metallurgy
Pulp and paper
Others

Breakup by Country:

China
Japan
India
South Korea
Australia
Indonesia
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the Asia Pacific soda ash market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Asia Pacific soda ash market?
What are the key regional markets?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Asia Pacific soda ash market and who are the key players?
What is the degree of competition in the industry?